Thursday, December 3, 2020

Tag: Tesla Stock Tumbles: Full Complaint

Elon Musk Sued By SEC For Securities Fraud, Tesla Stock Tumbles: Full Complaint

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from ZeroHedge:

pdate: from the SEC press conference:

  • MUSK’S STATEMENTS HAD NO BASIS IN FACT, SEC’S AVAKIAN SAYS
  • NONE OF MUSK’S STATMENTS PRECLEARED BY ANYONE ON TESLA: SEC
  • TESLA INVESTOR RELATIONS TOOK MUSK TWETS AT FACE VALUE: SEC
  • MUSK’S TWEETS WERE `SIMPLY NOT TRUE,’ SEC’S PEIKEN SAYS

And the punchline:

  • MUSK’S TWEET ON $420 PRICE WAS TIED TO MARIJUANA CULTURE: SEC
  • MUSK THOUGHT HIS GIRLFRIEND WOULD FIND PRICE HUMEROUS: SEC